Kathy Breneman This is Me

 Web References

1. 1. Ida Kelly Realtors®, LLC - Business Directory

   www.idakelly.com/Default.cfm?p - [Cached]

   Published on: 8/17/2007   Last Visited: 8/17/2007

   Kathy Breneman 4400 Osuna Blvd. NE (505) 341-7373 kathy.breneman@charterco.com

2. 2. "Financing Your Remodel Project" by New Mexico Business Journal

   www.designbuildresource.com/re - [Cached]

   Published on: 3/19/2001   Last Visited: 1/7/2002

   Kathy Breneman, residential loan originator for Charter Mortgage, says that "we're a one-stop shop; you can structure your mortgage financing here, close it here, find underwriters and closers and the title company all here. We take care of interim and permanent financing both, so that the customer can come in and make applicaton for all loans at once, same documents and same appraisals. That simplifies the process for the customer already undergoing the stress of inconvenience while the home is under major construction."
   
   Charter first looks to see if the future value of the project makes it worthwhile, using project plans and specs and performing an appraisal. "The $375 for the appraisal is the best money the customer will spend," Breneman says. "It determines whether the project is feasible. We're a locally-owned bank so we can do what we think works rather than following federal guidelines. If it makes sense financially, we'll do it." The several steps of the appraisal and loan application process are undertaken concurrently so that the loan can be finished up within two or three days of receipt of the loan application.
   
   Charter, says Breneman, has customized their financing to meet the needs of the remodeling industry. "We've worked with the Remodelors Council to make sure that we as a lender can meet those needs, developing new products that make sense. You might say that we remodeled our financing."
   
   At Norwest Mortgage, most remodel projects are financed by a home equity line of credit (HELC), a revolving line of credit secured by a second mortgage. Interest rates typically are variable, set between one and three percent over the Norwest Bank prime rate.

3. 3. "Financing Your Remodel Project" by New Mexico Business Journal

   www.4dbr.com/reference/nmbjour - [Cached]

   Published on: 2/6/2001   Last Visited: 12/7/2001

   Kathy Breneman, residential loan originator for Charter Mortgage, says that "we're a one-stop shop; you can structure your mortgage financing here, close it here, find underwriters and closers and the title company all here. We take care of interim and permanent financing both, so that the customer can come in and make applicaton for all loans at once, same documents and same appraisals. That simplifies the process for the customer already undergoing the stress of inconvenience while the home is under major construction."
   
   Charter first looks to see if the future value of the project makes it worthwhile, using project plans and specs and performing an appraisal. "The $375 for the appraisal is the best money the customer will spend," Breneman says. "It determines whether the project is feasible. We're a locally-owned bank so we can do what we think works rather than following federal guidelines. If it makes sense financially, we'll do it." The several steps of the appraisal and loan application process are undertaken concurrently so that the loan can be finished up within two or three days of receipt of the loan application.
   
   Charter, says Breneman, has customized their financing to meet the needs of the remodeling industry. "We've worked with the Remodelors Council to make sure that we as a lender can meet those needs, developing new products that make sense. You might say that we remodeled our financing."
   
   At Norwest Mortgage, most remodel projects are financed by a home equity line of credit (HELC), a revolving line of credit secured by a second mortgage. Interest rates typically are variable, set between one and three percent over the Norwest Bank prime rate.